subject
Business, 03.03.2020 04:58 eliseeimbody

ABC Corporation just issued 10-year, $1,000 par value bonds, with a 9% coupon with interest paid annually. The current required rate of return (i. e., YTM) is 7.5%. The current price of the bonds is approximately:

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:00
Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's
Answers: 3
question
Business, 22.06.2019 11:10
Which feature is a characteristic of a corporation?
Answers: 1
question
Business, 22.06.2019 13:00
Creation landscaping has 1,000 bonds outstanding that are selling for $1,280 each. the company also has 2,000 shares of preferred stock outstanding, currently priced at $27.20 a share. the common stock is priced at $37.00 a share and there are 28,000 shares outstanding. what is the weight of the debt as it relates to the firm's weighted average cost of capital?
Answers: 1
question
Business, 22.06.2019 15:30
For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.
Answers: 1
You know the right answer?
ABC Corporation just issued 10-year, $1,000 par value bonds, with a 9% coupon with interest paid ann...
Questions
question
Mathematics, 21.06.2020 00:57
question
Mathematics, 21.06.2020 00:57
Questions on the website: 13722367